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Donner Metals Ltd.: Inferred Resources at Bracemac-McLeod Expand by 2.07 Million Tonnes of Massive Sulphides
September 2, 2010 @ 3:58 pm In Silver Company News
Donner Metals Ltd. (CVE:DON) reported that the Company has received a NI 43-101 compliant inferred resource for the McLeod Deep Zone from its partner Xstrata Canada Corporation - Xstrata Zinc Canada Division on the Matagami Project in central Quebec.
The press release is quoted as saying:
Donner has the option to earn a 50% participating joint venture interest in the Matagami Project by incurring a total of $25 million of expenditures on exploration and related work on or before May 31, 2011. To date, Donner has provided $24.1 million towards exploration, and has in its treasury, the balance of the funds required to exercise the option.
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URL to article: http://silverinvestingnews.com/4048/donner-metals-ltd-inferred-resources-at-bracemac-mcleod-expand-by-2-07-million-tonnes-of-massive-sulphides.html
URLs in this post:
[1] Click here to access the entire press release: http://www.marketwire.com/press-release/Donner-Metals-Ltd-Inferred-Resources-Bracemac-McLeod-Expand-207-Million-Tonnes-Massive-TSX-VENTURE-DON-1313093.htm
[2] Click here to access Donner Metals Ltd. Corporate Site: http://www.donnermetals.com
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